University Of Oklahoma Foundation Inc

University Of Oklahoma Foundation Inc Overview

University Of Oklahoma Foundation Inc is located in Norman, OK. The organization was established in 1955. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2020, University Of Oklahoma Foundation Inc employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 06/2020, University Of Oklahoma Foundation Inc generated $169.3m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $140.4m during the year ending 06/2020. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, University Of Oklahoma Foundation Inc has awarded 18 individual grants totaling $629,873,065. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

THE UNIVERSITY OF OKLAHOMA FOUNDATION IS AN INDEPENDENT NOT-FOR-PROFIT CORPORATION THAT ENCOURAGES AND SUPPORTS CHARITABLE GIVING FOR THE BENEFIT OF THE UNIVERSITY OF OKLAHOMA. THE FOUNDATION ACTS AS THE PRINCIPAL ORGANIZATION THROUGH WHICH THOSE GIFTS ARE MADE AND ADMINISTERED FOR THE BENEFIT OF THE UNIVERSITY. THE SOLE REASON FOR ITS EXISTENCE IS TO SERVE THE UNIVERSITY OF OKLAHOMA AND THE GENEROUS DONORS WHO SUPPORT THE UNIVERSITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GENERAL UNVERSITY EDUCATION ASSISTANCEEXPENDITURES MADE IN ACCORDANCE WITH THE FUND PURPOSE RANGING FROM GENERAL SUPPLIES TO SPECIFIC PROJECTS WITHIN A DEPARTMENT OR SCHOOL OF THE UNIVERSITY.


FACILITIES AND EQUIPMENTEXPENDITURES MADE IN ACCORDANCE WITH THE FUND PURPOSE RANGING FROM THE PURCHASE OF LAB EQUIPMENT TO CONSTRUCTION OF BUILDINGS WITHIN A DEPARTMENT OR SCHOOL OF THE UNIVERSITY.


SALARY SUPPLEMENTSSUCH EXPENDITURES ARE PROCESSED THROUGH THE UNIVERSITY'S PAYROLL SYSTEM. UPON RECEIVING ADEQUATE DOCUMENTATION, THE FOUNDATION WILL REIMBURSE THE UNIVERSITY FOR SUCH EXPENDITURES MADE IN ACCORDANCE WITH THE FUND PURPOSE.


STUDENT SCHOLARSHIPS


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University Of Oklahoma Foundation Inc Board, Officers & Key Employees

University Of Oklahoma Foundation Inc Vendors

Vendor Name (Service)Compensation
Cambridge Associates Llc
Investment Consultant
$1,257,500
Mcafee & Taft
Legal Services
$253,956
Iridian Asset Management Llc
Investment Manager
$434,259
Hogantaylor Llp
Tax/audit Services
$113,240
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$122,768,069
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$122,768,069
Total Program Service Revenue$0
Investment income $13,850,137
Tax Exempt Bond Proceeds $0
Royalties $5,055,010
Net Rental Income $0
Net Gain/Loss on Asset Sales $22,997,690
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $169,341,360

University Of Oklahoma Foundation Inc Grants Awarded

Over the last fiscal year, University Of Oklahoma Foundation Inc has awarded $93,943,186 in support to 3 organizations.

Grant RecipientAmount

UNIVERSITY OF OKLAHOMA

PURPOSE: SALARY SUPPLEMENTS

$40,186,956

UNIVERSITY OF OKLAHOMA

PURPOSE: GENERAL EDUCATION ASSISTANCE

$27,192,955

UNIVERSITY OF OKLAHOMA

PURPOSE: FACILITIES AND EQUIPMENT

$26,563,275
View Grant Profile

University Of Oklahoma Foundation Inc Grants Recieved

Over the last fiscal year, we have identified 22 grants that University Of Oklahoma Foundation Inc has recieved totaling $1,648,700.

Awarding OrganizationAmount
Anne And Henry Zarrow Foundation

Tulsa, OK

PURPOSE: ESTABLISHING AN UNDERGRADUATE SOCIAL WORK DEGREE PROGRAM AT THE TULSA CAMPUS

$840,700
Anne And Henry Zarrow Foundation

Tulsa, OK

PURPOSE: ESTABLISHING AN UNDERGRADUATE SOCIAL WORK DEGREE PROGRAM AT THE TULSA CAMPUS

$234,300
Lou And Connie Miller Charitable Foundation

Tulsa, OK

PURPOSE: MILITARY SCHOLARSHIP ENDOWMENT

$200,000
Jk Lee Family Foundation

San Antonio, TX

PURPOSE: GENERAL CONTRIBUTION

$150,000
Anne And Henry Zarrow Foundation

Tulsa, OK

PURPOSE: THE ANNE AND HENRY ZARROW FOUNDATION SCHOLARSHIP FUND

$100,000
Tiaa Charitable Inc

Charlotte, NC

PURPOSE: Annual Suuport

$51,850
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,250,649,754
Earnings$51,089,115
Admin Expense$11,984,401
Net Contributions$32,973,485
Other Expense$20,116,881
Grants$37,532,090
Ending Balance$1,265,078,982

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